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Mike Ashley’s Frasers Group in Talks to Buy Debenhams

  • A takeover of Debenhams could save thousands of U.K. jobs
  • Debenhams at risk of liquidation if talks don’t lead to deal
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U.K. Retail Risks Losing 25,000 Debenhams, Arcadia Group Jobs
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Mike Ashley’s Frasers Group Plc is in last-ditch talks to buy the ailing Debenhams department store in a move which could save thousands of jobs.